EXERCISE 10-15 (CONTINUED) ALTERNATIVE SOLUTION

2. Many students will miss parts 2 and 3 because they will try to use prod-uct costs as if they were hourly costs. Pay particular attention to the computation of the standard direct labor time per unit and the standard direct labor rate per hour. Actual Hours of Standard Hours Input, at the Allowed for Output, Actual Rate Standard Rate at the Standard Rate(AH × AR) (AH × SR) (SH × SR)